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Top 3 Real Estate Is the Most Expensive In These Cities<br>
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The most expensive real estate markets in East Asia are all located in cities that are major financial hubs. • This isn’t surprising, as the demand for property in these cities mentioned below it is driven by both local and foreign investors. • If you’re thinking of buying or renting a property in any of these cities, be prepared to pay a premium price. Alaziz Builders can help you find the perfect home within your budget. • Alaziz Builders is a premier construction company specializing in high-end residential and commercial properties. • With over more than 20 years of experience, Alaziz Builders has the knowledge and expertise to get the job done right.
1st place: Hong Kong: • With a square meter price of almost € 30,000, Hong Kong is undisputed in the ranking of the most expensive cities in the world. • For a 100 m² apartment, interested parties have to put a total of 3 million on the table. 6,900 inhabitants cavort here on one square kilometer. • For comparison: in Stuttgart, it’s not even half of it!
2nd place: Singapore: • Difference between the first city in the list and the second is enormous – a whole € 12,000. • This means that “only” € 18,000 per square meter of living space is incurred in Singapore. • Its role as a financial center, tropical climate, and multicultural population make the city-state popular with people worldwide.
3th place: New York City: • Even New York’s luxury district and tourist magnet Manhattan does not come close to the prices of major Asian cities. • The difference between Seoul and New York is almost € 1,500 per square meter. • For a 100 m² apartment in a prime location, a good 1.35 million Euros will still be due. For a metropolis that has now become a legend, it is a relatively low price.